Retail•Street Retail•For Sale

Multi-tenant Investment Sale

205-245 N Main St, Tooele, Utah 84074

Sale Price $4,895,000
Sale Type Investment
Zoning Oppportunity Zone - Commercial
Bldg Type Multi-Tenant
Class B
Year Built 1969
Year Renovated 2014
Stories 1
Gross Bldg 33,956 SqFt
Land Area 2.75 Acres
Highly Visible and well trafficked Multi-tenant Retail strip on 2.75 acres with pad. Opportunity Zone Asset. Sale includes 205 through 245 N Main St, Parcels: 02-036-0-0033 and 02-036-0-0032. Brand new roof over main portions of the building. Substantial capital improvements to North Center over the past several years. Value add opportunity on south center and development on the pad. At 100% Occupancy Gross Scheduled Income is projected at $429K, and net operating income $ NOI $330K. Do not disturb Tenants. Contact agent for more details. Buyer to verify all. Highly Visible and well trafficked Multi-tenant Retail strip on 2.75 acres with pad. Opportunity Zone Asset. Sale includes 205 through 245 N Main St, Parcels: 02-036-0-0033 and 02-036-0-0032. Brand new roof over main portions of the building. Substantial capital improvements to North Center over the past several years. Value add opportunity on south center and development on the pad. At 100% Occupancy the Gross Scheduled Income is projected at $429K, and NOI $330K. Do not disturb Tenants. Contact agent for more details. Buyer to verify all.
  • $144/SF - 33,856 SF
  • 2.75 Acres including - 4000 SF Pad
  • North Center Updated
  • Newer Membrane Roof on entire center.
  • Opportunity Zone
3/6/2020 9:18:10 PM 3/23/2020 3:52:12 PM

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